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Fjod the mean for the amounts: $17,481; $14,983; $13,521; $14,550; $18,570; $14,993.

1 Answer

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Take into account that the mean of a data set is given by the sum of the elements of the data, divided by the number of elements.

Then, based on the previous description, you have:

mean = (17,481 + 14,983 + 13,521 + 14,550 + 18,570 + 14,993)/6

mean = 94,098/6

mean = 15,683

Hence, the mean of the given amounts is $15,683

User Reuven
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